Dissolving a Private Organization
A PO will be dissolved per the provisions of its constitution and bylaws, charter, or articles of agreement. Provisions shall be included for disposition of residual assets upon dissolution, and agencies to which any residual bank balances could be forwarded if the activity is dissolved and no organizational official can be located. In the absence of this information, the Commanding General, MCIPAC will arbitrate application of the dormant bank balances.
Upon dissolvement of a PO, the incumbent official will notify the Commanding General, MCIPAC (Attn: AC/S, MCCS) of impending action with certification that all indebtedness has been paid and residual assets disposed of. Neither APF activities nor NAFIs may claim the assets of, or make, or assume, any obligations for a PO except those that may arise from a valid contract between them.
When a PO decides to disband or shut down, it must:
Upon dissolvement of a PO, the incumbent official will notify the Commanding General, MCIPAC (Attn: AC/S, MCCS) of impending action with certification that all indebtedness has been paid and residual assets disposed of. Neither APF activities nor NAFIs may claim the assets of, or make, or assume, any obligations for a PO except those that may arise from a valid contract between them.
When a PO decides to disband or shut down, it must:
- Use its funds to satisfy any outstanding debts, liabilities, or obligations. Any unpaid obligations remain the responsibility of the PO and its activity members.
- Dispose of the residual balance as decided by the membership.
- Submit a Request for Dissolution
- The organization must submit documentation from the bank, showing the account has been depleted and closed.
- MCCS will remove the PO from the PO Listing and the Website.
- The PO will no longer be authorized to operate on ANY MCIPAC facility or area (this also includes MCCS facilities/fields etc).